Jared Feldman - Business Financing

Insurance companies are denying 25% more prescription drugs than they did 7 years prior. All the major insurers are part of the trend (Cigna, Aetna, United, Anthem, Humana). Same thing happening with Medicare

Blackstone now has $315 billion in real estate Included in that is 275,000 rental units cnbc.com/2025/07/16/bla…

Homeowners insurance is crushing people 2021 average: $2,656 2024 average: $3,304 24% increase in 3 years But it's way worse in some states. $10k a year is not unheard of.

Hertz using AI to detect tiny potential damage not visible to the human eye and charging renters hundreds of dollars if they find something. Image below flagged a $195 bill nytimes.com/2025/07/09/tra…

First-time homebuyers each year *Historical average: 2.2 million *Past year: 1.1 million Meanwhile renter population has reached a record 46 million. Only 6M qualify for a mortgage The wheel turns with no end in sight

A new rule letting people click to cancel subscriptions was supposed to go into effect in a few days. It got blocked on a technicality Click-to-subscribe still very much alive, however reuters.com/legal/legalind…

Ugly state of the credit market *Credit card delinquencies: 12-year high *Auto loan denial rate: 10-year high * Delinquent auto loans: highest point on record *Buy now pay later: 40% of users making late payments *Overall consumer debt: topped $18 trillion for first time

25% of Americans say they need over $150k to live comfortably. I don't know if income is your problem if that's not enough bankrate.com/investing/fina…

Business financing shouldn't operate like a government agency. In 2018, 11% of U.S. retail purchases were made online. Today, that number is 21%. At Fora Financial, our own online checkout rate has tripled in the past year. Why? Because in 2025, uploading documents and…

Income needed to Buy median home: $116k Afford median rent: $64k the gap between the two is the biggest ever. The numbers used to be pretty close

NYC banned broker-tenant fees 2 weeks ago. Overnight, rents soared 16%

Prescription drug out-of-pocket costs are up 25% in 5 years - that's *on top of* the rising cost of insurance. More than a quarter of prescriptions don't get filled due to cost axios.com/2025/05/05/out…

The construction boom is over. A bust might be next. – Construction job openings ↓ 45% – Housing builds ↓ 20% – Costs ↑ 40% since COVID Why? – High interest rates – Oversupply of $2K “luxury” rentals – Tighter credit Tariffs could add $10.9K to new homes. What are you…

The wealthiest 10% of households now make up 50% of all consumer spending, per Bloomberg. The country is increasingly reliant on the richest people to prop up the economy.

Amazon, which has laid off 27,000 employees in the last 3 years, tells its employees that some of them will be replaced by AI. businessinsider.com/amazon-employe…

Mentions of "burnout" are up 32% on Glassdoor reviews and are at a 10-year high. A big reason is layoffs: 63% said they had to take on additional responsibilities wsj.com/lifestyle/work…

17 years ago today I co-founded @ForaFinancial with my college roommate in a 150 sq ft office. Since then we've helped over 55,000 businesses reach their dreams. It's been quite the ride - here's to 17 more years!

Chime was valued at $25 billion in 2021. It just priced its IPO at $11.6 billion, though it is expected to hit $17 billion at open At the same time Klarna is struggling #fintech

Median price for U.S. starter home: $287k, up 44% this decade With interest rate increases, the income needed to afford that is $101k - double the pay required 5 years ago Six figures just for the cheapest homes wsj.com/personal-finan…